PayPal receiving Bitcoin?!

[imutlinda]

I do not know if paypal accept bitcoin , but if I need paypal , I used to use exchanger

[1714672979]

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[Nowl1935]

As of now PayPal does not accept bitcoin as a receiving payment. I think if this could be happen it becomes more convenient and easy way in sending/receiving money vise versa.

[Tanic]

I also do not know why they still don't accept it, but I suppose soon they will. Bitcoin is getting more and more popular in the world and on the internet especially. I see many sites began to accept bitcoin as payment, so Paypal will not skip that for sure. Maybe already now they are providing something in their system to start to accept bitcoin as well.

[groll]

I have read an article or post here that paypal is considering to partner with bitcoin someday.  So someday we really do not know if it is frue or it will ever happen.  But I think the reason is the rules, policy, or agreement encompassing the paypal rules.  Maybe bitcoin is too private and the paypal cannot retrieve the money once sent to the recepient.

[bitbunnny]

PayPal is stil prety conservative money service with rather strict rules. I think that at the moment Bitcoin just don't fit into they system and policy. They are also obliged with different AML policies and Bitcoin isn't that well regulated plus anonimity that Bitcoins gives. But I don't think that PayPal has something against the Bitcoin, it's just not yet the time to embrace it.

[BingoDog]

I don't know what is the actual reason that PayPal doesn't accept Bitcoin but I hope soon they will. On that way they will atract even more users, so I hope this will change in the future.

[swogerino]

Paypal will never accept bitcoin because they are so different in how they operate.
They are sort of like rivals in a way.

[1Referee]

I don't know what is the actual reason that PayPal doesn't accept Bitcoin but I hope soon they will. On that way they will atract even more users, so I hope this will change in the future.

The reason is that Bitcoin in potential can wipe out PayPal as a company since Bitcoin makes PayPal obsolete in every shape and form. They know that very well.

[pedrog]

May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.

Because bitcoin is irrelevant as mean of payment online, it just doesn't make sense for a business like Paypal to allocate resources to integrate such a small payment method.

[amacar2]

I do not know if paypal accept bitcoin , but if I need paypal , I used to use exchanger

paypal doesn't accept bitcoin for sure, they have stated this clearly that they will not support bitcoin related transaction. However i have heard recent partnership of paypal with coinbase to provide US citizens to load their paypal account exchanging bitcoin, don't have any oppurtunity to try this.
Paypal is listed as Instant sell method in coinbase webpage here https://www.coinbase.com/places/united-states

[Dite1989]

In my view, PayPal doesn't receive bitcoin because bitcoin is an anonim currency that's complicated to trace back to a valid person and the transactions are impossible to reverse. You see the many deal disputes on PayPal? Using bitcoin'd make them even more difficult to resolve.

[Hellacopter]

Bitcoin have a lot of restrictions and limits and terms, and having very strict security system, so i think that's why It don't accept Bitcoin as its anonymous and decentralized currency

[fravia]

I do not know if paypal accept bitcoin , but if I need paypal , I used to use exchanger

paypal is not accepting bitcoins right now as far as i know, but i hope that in the future it will change

[Yakamoto]

May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.

PayPal probably doesn't accept Bitcoin because Bitcoin is in too much of a legal gray zone right now, and this means that Paypal accepting it could end up with it being implicated with some criminal activity (accidentally, however money laundering would be possible to an extent), and that could be some Paypal just doesn't want to deal with at all.

[machinek20]

i think because they are adoption method is different, bitcoin is more focus on decentralized and anonymity, while paypal more focused on transparency and identity, so if anything bad happens like money laundry of user scammed other user, paypal can track and help to solve so paypal reputation wont ruin, so basically paypal more focused on their reputation while bitcoin more focused on freedom

[erickkyut]

May I know the reason why does Paypal do not accept bitcoin as payment and/or deposit?! I know that Bitcoin is known widely on the internet so Paypal should accept it as a mode of payment since their forte is through the internet. I hope that someday, PayPal will acknowledge Bitcoin and put it as one of the mode of payment in their site. It will be very convenient for us.

PayPal probably doesn't accept Bitcoin because Bitcoin is in too much of a legal gray zone right now, and this means that Paypal accepting it could end up with it being implicated with some criminal activity (accidentally, however money laundering would be possible to an extent), and that could be some Paypal just doesn't want to deal with at all.

But i read some comments that Paypal is studying the possibility of using bitcoin because it becomes more and more popular worldwide as the time goes by. I really hope that they will include it in their system in the near future.

[klf]

I don't know what is the actual reason that PayPal doesn't accept Bitcoin but I hope soon they will. On that way they will atract even more users, so I hope this will change in the future.

The reason is that Bitcoin in potential can wipe out PayPal as a company since Bitcoin makes PayPal obsolete in every shape and form. They know that very well.

I don't think bitcoins can completely wipe out PayPal because as of now bitcoin market is just less than 10 billion market and also you can't send bitcoins to unknown person to buy anything because they can easily cheat you or you need to go through with escrow. But in case of Paypal, you can buy confidently so both got advantages and disadvantage and we need both of them for different purposes.

[NetFreak199]

I don't know what is the actual reason that PayPal doesn't accept Bitcoin but I hope soon they will. On that way they will atract even more users, so I hope this will change in the future.

The reason is that Bitcoin in potential can wipe out PayPal as a company since Bitcoin makes PayPal obsolete in every shape and form. They know that very well.

I don't think bitcoins can completely wipe out PayPal because as of now bitcoin market is just less than 10 billion market and also you can't send bitcoins to unknown person to buy anything because they can easily cheat you or you need to go through with escrow. But in case of Paypal, you can buy confidently so both got advantages and disadvantage and we need both of them for different purposes.

Agree! Bitcoins cant beat paypal. Paypal now is very famous and lot of users of it. Unlike bitcoins it just new in these something that if you have a trouble of it devs from it cant support you unlike paypal they are so accomodating.

[TastyChillySauce00]

I don't know what is the actual reason that PayPal doesn't accept Bitcoin but I hope soon they will. On that way they will atract even more users, so I hope this will change in the future.

The reason is that Bitcoin in potential can wipe out PayPal as a company since Bitcoin makes PayPal obsolete in every shape and form. They know that very well.

I don't think bitcoins can completely wipe out PayPal because as of now bitcoin market is just less than 10 billion market and also you can't send bitcoins to unknown person to buy anything because they can easily cheat you or you need to go through with escrow. But in case of Paypal, you can buy confidently so both got advantages and disadvantage and we need both of them for different purposes.

Agree! Bitcoins cant beat paypal. Paypal now is very famous and lot of users of it. Unlike bitcoins it just new in these something that if you have a trouble of it devs from it cant support you unlike paypal they are so accomodating.

which trouble by the way? bitcoin was made to become currency and NOT a service so bitcoin don't need support or anything else,just like when  you use an ordinary currency like dollar or yuan,when you just lose it somewhere does there's also support that you can call to get help? i guess no
you're comparing currency with a service which is definitely not right

[bitcoin31]

I dont like PayPal the transaction is very slow so don't be business partner with the bitcoin.
Bitcoin is better . PayPal is down